rally

Bitcoin Eyes Price Rally as Fed Announces Pseudo-QE

Bitcoin is about to become a hot asset as the US central bank goes ahead with its pseudo-quantitative easing program, believes a few bigwigs. Travis Kling, the chief investment officer at California-based Ikigai Asset Management, called bitcoin “an insurance policy” against Jerome Powell’s decision to resume Treasury purchases. The Federal Reserve chairman on Tuesday confirmed […]

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Bitcoin Price Analysis: Strong Rally Retests Macro Resistance

Summary: The bitcoin market is experiencing a strong rally that has us testing the strength of the $8,300 resistance level. So far, the support level at $8,090 is holding and as long as the daily candle doesn’t close below the support level the market is poised for a retest of the $8,500s. If we see […]

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Bitcoin Dominance Poised to Breakdown, Are Altcoins About to Rally?

Bitcoin’s weakness over the past couple of weeks has resulted in a failure to bounce back as it clings to support at $8k. The drop had largely been expected and many analysts are of the opinion that further declines could be on the cards. The BTC dominance chart is also showing telltale signs that could […]

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Ethereum (ETH) Price Above $185 Would Make Case For Larger Rally

ETH price is showing positive signs above the $172 and $170 support levels against the US Dollar. The price is currently trading near $180 and it might soon retest the $185 resistance area. Yesterday’s highlighted key bullish trend line is active with support near $172 on the hourly chart of ETH/USD (data feed via Kraken). […]

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Bitcoin Forms Bullish Tweezer Bottom; Analyst Anticipates Swift Relief Rally

After incurring a sharp sell-off last night, Bitcoin’s bulls stepped up to the plate and were able to propel the crypto back into the lower-$8,000 region. This latest bout of volatility further confirms the notion that the upper-$7,000 region is a bastion of support for BTC. Importantly, this price action also allowed the cryptocurrency to […]

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Bitcoin Price To Rally If ‘$11,700 Launchpad Level’ Is Hit

Bitcoin price has been pretty much trading sideways since it pushed past the psychological $10,000 barrier in June. Noted crypto bull and analyst Josh Rager called for a critical resistance level for BTC that month. Bitcoin could register new highs if it ‘closes above the $11,700 launchpad level’ he said. In his latest tweet, he […]

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Was The Bitcoin Rally to $14,000 Catalyzed by Institutions?

The Bitcoin price has been on an absolute tear of the past year. Despite the cryptocurrency currently trading some 20% lower than its $14,000 year-to-date high, BTC is still up some 200-odd% since January 1st. With this move, many have been left wondering, “who the hell is behind the crypto market’s resurgence?” Related Reading: Major […]

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Bitcoin And Crypto Market Rally Looks Real: LTC, BNB, BCH, TRX Analysis

The total crypto market cap recovered nicely and broke the key $250.0B resistance area. Bitcoin price is up more than 7% and it recently climbed above $10,400. Binance coin (BNB) price is also gaining momentum and it recently broke the $22.50 resistance. Litecoin (LTC) price is facing a few solid hurdles near the $68.00 and […]

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Bitcoin Incurs Short-Lived Rally as Choppy Trading Conditions Persist

After hanging by a thread above $10,000 for most of the day yesterday, Bitcoin’s bulls stepped up and sent the cryptocurrency surging to highs of over $10,500. Although this rally did spark excitement amongst BTC investors, the move ultimately proved to be somewhat fleeting. Analysts are now noting that $10,900 is a key region of […]

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Bitcoin (BTC) Price Flirts With Key Resistance After Recent Rally

Bitcoin price climbed higher sharply above $10,200 and gained around 5% against the US Dollar. The price is clearly struggling to gain strength above the key $10,500 resistance area. There was a break above a key bearish trend line with resistance near $10,270 on the hourly chart of the BTC/USD pair (data feed from Kraken). […]

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Crypto Analyst: Bitcoin Bull Rally is Over if Trendline Breaks

Bitcoin has been on a bull run since the start of 2019, after bottoming in December 2019. Momentum picked up with a $1,000 candle in April and the crypto asset was off to the races ever since. But now the race appears to be coming to an end, and Bitcoin could cross the finish line […]

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Bitcoin Needs Weekly Close Above Tough $12K Hurdle to Restart Price Rally

Bitcoin needs to break above stiff resistance at $12,000 to unleash the next phase of the bull market.

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Bitcoin Price Analysis: Strong Rally Tests Bearish Resolve

Summary: Following a low volume retest of macro support, bitcoin rallied almost $2,000 over the course of one week. On the four-hour time frame, there is a bit of bullish exhaustion which could lead a healthy pullback. The market could stand to pull back all the way $11,150 and still remain in a bullish market […]

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Current Bitcoin Price Rally Could Have ‘Real Legs’ — Novogratz

Galaxy Digital CEO Mike Novogratz says that Bitcoin’s 2019 rally could have “real legs” given today’s turbulent macroeconomic and geopolitical landscape. Galaxy Digital CEO Mike Novogratz says that Bitcoin’s 2019 rally could have “real legs” given today’s turbulent macroeconomic and geopolitical landscape.  In a tweet posted on August 5, Novgoratz remarked that: “With the yuan […]

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Impending Golden Cross Could Start The Next Bitcoin Rally

Crypto analysts and investors are growing increasingly giddy about an impending golden cross on Bitcoin’s 3-day price chart. Is a Trend Reversal on the Cards? Since topping out at $13,800 Bitcoin has taken a prolonged beating as buying pressure evaporated and bears took control of the wheel. Bearish analysts have predicted that Bitcoin could drop […]

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Bitcoin Will Drop To $4000 In ‘Wildcard Move’ Before Rally: Analyst

Popular YouTube securities and crypto analyst, Alessio Rastani has predicted that Bitcoin will drop far below the 21-day EMA before rallying to a new all-time high in 2020. Bulls could be Walking into a Massive Trap Alessio Rastani, a popular securities trader and crypto analyst, believes that confirmation bias is misleading crypto-investors to the extent […]

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Bitcoin Price Analysis: Major Shakeout Springs Strong Rally

Summary: Following a strong shakeout, bitcoin saw a confident round of buying yesterday and the market gained around 10 percent in one 15-minute candle. The rally following the shakeout came about on high spread and high volume — exactly what we wanted to see as this represented a reclaiming of our market’s macro trading range […]

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Dow Struggles to Extend Rally as Market Braces for Earnings Disaster

The Dow and broader U.S. stock market struggled for direction Monday, just one session removed from a new all-time high, as investors quickly shifted their focus to corporate earnings season. Dow Struggles for Direction U.S. stock markets traded mixed for most of the session on Monday, mirroring a tepid pre-market for Dow futures.  After trading […]

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Retail Investors Could Be Behind the Recent Bitcoin Rally, Despite Lack of Interest in BTC

Although Bitcoin and the aggregated crypto markets have been facing a bout of significant volatility over the past few days, while zooming out and looking at its long-term performance, it is clear that BTC is still in a firm uptrend throughout the course of 2019. Now, one prominent figure within the crypto industry is noting […]

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Altcoins Could See a Relief Rally as Long as Bitcoin Price Remains Steady in Near-Term

Bitcoin and most altcoins have been incurring tremendous volatility as of late, which has been primarily driven by BTC’s extended period of consolidation in the lower five-figure price region, where it has been trading at for the past month. Now, one prominent analyst is noting that many altcoins that have faced severe technical damage from […]

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Bitcoin Price Spikes 10% in 2-Day Rally Despite Lacking Retail Investor Flurry

Over the past 48 hours, the bitcoin price has surged by more than ten percent against the U.S. dollar from $11,328 to $12,545 on regulated crypto exchanges like Coinbase Pro and Kraken. Earlier this month, the bitcoin price dropped to as low as $9,700 in a relatively large pullback that was anticipated by traders for […]

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Bitcoin Rally Crushes Alt Season Hopes, Small Cap Coins Down 54%

New data is laying bare the extent of altcoin losses in 2019 as Bitcoin 00 steals lion’s share of the cryptocurrency market.  Top 70 ‘Alts’ Down 19 Percent Against BTC Published by digital asset firm Bletchley, a variety of indices put some altcoin losses at over half since April this year. The trend has remained […]

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Bitcoin (BTC) Price Rally And Recent Influx of USD Directly Correlate

Bitcoin (BTC) adds 8.1 percent USDT minting correlates with USD expansion says, Jesse Powell Kraken CEO, Jesse Powell, is confident that there is no link between BTC prices and USDT minting. At the time of press, BTC is up 8.1 percent in the last day. Bitcoin Price Analysis Fundamentals Differentiating between “true demand” and speculation […]

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